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Amorepacific Corporation

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AmorePacific Corporation
Native name
아모레퍼시픽
KRX: 090430
Industry
  • Cosmetics
  • Perfume
Founded1945; 79 years ago (1945)
as Pacific Ocean Chemical Co. Ltd.
FounderSuh Sung-whan
Headquarters100 Hangang-daero, Yongsan-gu Seoul, South Korea
China
France
Key people
Suh Sung-whan (Chairman)
Revenue3,874,007,757,738 won ₩ (2014.12.31)
Increase 563,751,120,080 won ₩ (2014.12.31)
Increase 385,133,728,193 won ₩ (2014.12.31)
Total assets3,854,577,557,467 won ₩ (2014.12.31)
Number of employees
Korea: 4,936
Overseas: 6,618
Websitehttp://www.amorepacific.co.kr

AmorePacific Corporation is a South Korean beauty and cosmetics conglomerate, operating 33 health, beauty, and personal care brands including Etude House, innisfree, Laneige, Lolita Lempicka, and Annick Goutal.[1] Founded in 1945, it is the world's 14th largest cosmetics company.[2]

History

The company originated in the 1940s, when Yun Dok-jeong began selling camellia oils as a hair treatment in the village of Kaesong.[2] Her second son, Suh Sung-whan, took over the business in 1945, naming it "태평양 (taepyeong-yang, lit. Pacific Ocean)".[2]

Suh handed the company over to his second son Suh Kyung-bae in 1997;[2] its success has made him the second-richest man in Korea as of 2016.[3]

Brands

File:Etude House store Myeong-dong.JPG
Etude House storefront in Myeong-dong, Seoul
  • Aestura[4]
  • AmorePacific
  • Amos Professional
  • Annick Goutal
  • Aritaum[5]
  • Dantrol
  • Espoir
  • Etude House
  • Fresh Pop
  • Hanyul
  • Happy Bath
  • HERA
  • Illi
  • Innisfree
  • IOPE
  • Laneige
  • Lolita Lempicka
  • LIRIKOS
  • Makeon
  • Mamonde
  • Median
  • MIRAEPA
  • Mise-en-Scène
  • Odyssey
  • Osulloc
  • Primera
  • Ryo
  • Songyeum
  • Sulwhasoo
  • TeenClear
  • VB Program
  • Verité
  • Vital Beautie

References

  1. ^ "태평양 화장품부문 '아모레퍼시픽으로 불러주세요!'". 2006-06-01. Retrieved 2016-11-20 – via Naver News.
  2. ^ a b c d Chung, Grace. "How South Korea's AmorePacific Became One Of The World's Most Innovative Companies". Forbes. Retrieved 2016-11-20.
  3. ^ "Suh Kyung-Bae". Forbes. Retrieved 2016-11-20.
  4. ^ "Brands | Amorepacific". www.amorepacific.com. Retrieved 2016-11-20.
  5. ^ "A New 70-Store Korean Beauty Chain Is Here". Racked. Retrieved 20 May 2018.